[Caihua Social News] 08096.HK announced that on January 7, 2022, BrilliantTrade, the company's controlling shareholder, sold 60.02 million shares of the company on the open market through market trading on the Stock Exchange, accounting for about 12.0% of the total number of shares issued by the company, with an average consideration of about HK $0.167 per sales share and a total consideration of about HK $10.024 million.
Immediately following the sale, the number of shares held by BrilliantTrade decreased from 226065000 shares (approximately 45.21% of the total issued shares) to 166045000 shares (approximately 33.21% of the total issued shares). As a result, BrilliantTrade remains the controlling shareholder of the company. The company expects that the sale will not adversely affect the operation of the company and its subsidiaries.